Femi Otedola saw the market value of his investment in First HoldCo surge by N1.48 trillion during the third quarter of 2026. His holding value climbed from N451.50 billion in June to N1.93 trillion by the end of September. This growth was driven by a 185.3% appreciation in First HoldCo’s share price and Otedola’s strategic acquisition of additional shares, which increased his ownership stake to approximately 26.5%. The performance in the third quarter significantly boosted Otedola’s net worth, contributing to his reaching a $2 billion valuation.